https://www.taxtmi.com/caselaws?id=249475 The case involved issues of disallowance under Section 40(a)(ia) for non-deduction of TDS on shipping expenses and estimation of suppressed sales. The CIT(A) deleted the disallowance of Rs. 27,14,737 on shipping expenses but modified the estimation of undisclosed profit. Both parties appealed, and the Tribunal remanded the matters back to the CIT(A) for fresh adjudication, considering legal precedents and pending decisions. The appeals were allowed for statistical purposes, with instructions for a fair hearing and consideration of relevant factors. en-us Fri, 20 Jun 2014 00:00:00 +0530 Tue, 15 Jul 2014 06:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249475 The case involved issues of disallowance under Section 40(a)(ia) for non-deduction of TDS on shipping expenses and estimation of suppressed sales. The CIT(A) deleted the disallowance of Rs. 27,14,737 on shipping expenses but modified the estimation of undisclosed profit. Both parties appealed, and the Tribunal remanded the matters back to the CIT(A) for fresh adjudication, considering legal precedents and pending decisions. The appeals were allowed for statistical purposes, with instructions for a fair hearing and consideration of relevant factors. Case-Laws Income Tax Fri, 20 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249475